# Augmodo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/augmodo

- Industry: Software
- Headquarters: Seattle, US
- Website: www.augmodo.com
- Total disclosed funding: $43M
- Latest round: Series A (Jul 1, 2025)
- Investors on record: 8

## About

Based in Washington, US, and founded in 2023 by CEO Ross Finman, Ph.D., Augmodo operates as a provider of a spatial AI platform, offering real-time product tracking capabilities to retail brands and store managers. In July 2026, Augmodo Inc raised USD 21 million in venture funding led by TQ Ventures, with participation from investors Arena Holdings, Interlace Ventures, Jefferson River Capital, Lerer Hippeau Ventures Management, New Fare Partners, Webb Investment Network. The company provides a spatial AI platform that offers real-time tracking of products in retail environments to retailers and brands. The platform services include tracking out-of-stocks, optimizing field representatives, ensuring promotion compliance, and building competitor insights. Moreover, the firm offers solutions such as direct store delivery notifications and supply chain optimization. Additionally, the firm also provides services such as a passive smart badge to improve workforce efficiency. The company plans to use the July 2026 funding to expand into warehouses, factories, hospitals, and other workplaces, improve its artificial intelligence technology, and hire more engineering staff.

## Funding rounds

- Series A, Jul 1, 2025, $38M — Lerer Hippeau Ventures, Jefferson River Capital, TQ Ventures, Interlace Ventures, Arena Holdings, New Fare Partners
- Seed, Oct 2, 2024, $5.3M — Lerer Hippeau Ventures, dunnhumby Ventures, Simple Food Ventures, New Fare Partners

## Investors

- Lerer Hippeau Ventures — Seed, Series A
- dunnhumby Ventures (https://capitalatlas.ai/funds/dunnhumby-ventures) — Seed
- Simple Food Ventures (https://capitalatlas.ai/funds/simple-food-ventures) — Seed
- New Fare Partners (https://capitalatlas.ai/funds/new-fare-partners) — Seed, Series A
- Jefferson River Capital — Series A
- TQ Ventures (https://capitalatlas.ai/funds/tq-ventures) — Series A
- Interlace Ventures (https://capitalatlas.ai/funds/interlace-ventures) — Series A
- Arena Holdings (https://capitalatlas.ai/funds/arena-holdings) — Series A